Middle East & Africa Polymerization Initiator Market Size & Outlook
The polymerization initiator market in Middle East & Africa is expected to reach a projected revenue of US$ 551.9 million by 2030. A compound annual growth rate of 3.3% is expected of Middle East & Africa polymerization initiator market from 2024 to 2030.
Revenue, 2023 (US$M)
$440.9
Forecast, 2030 (US$M)
$551.9
CAGR, 2024 - 2030
3.3%
Report Coverage
Middle East & Africa
Middle East & Africa polymerization initiator market, 2018-2030 (US$M)
MEA polymerization initiator market highlights
- The MEA polymerization initiator market generated a revenue of USD 440.9 million in 2023.
- The market is expected to grow at a CAGR of 3.3% from 2024 to 2030.
- In terms of segment, persulfate was the largest revenue generating product in 2023.
- Persulfate is the most lucrative product segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 440.9 million |
| Market revenue in 2030 | USD 551.9 million |
| Growth rate | 3.3% (CAGR from 2023 to 2030) |
| Largest segment | Persulfate |
| Fastest growing segment | Persulfate |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Persulfate |
| Key market players worldwide | Basf SE, Arkema SA, Akzo Nobel NV, Celanese Corp Class A, United Initiators, Lanxess AG, Adeka Corp, Nouryon, Tokyo Chemical Industry |
Other key industry trends
- In terms of revenue, MEA region accounted for 11.6% of the global polymerization initiator market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 1,419.7 million by 2030.
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Polymerization Initiator Market Scope
Polymerization initiator market segmentation & scope
Application
Polyethylene
Polypropylene
Polyvinyl Chloride
Polystyrene
ABS
Others
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
China
India
Japan
South Korea
Brazil
Argentina
Saudi Arabia
South Africa
Polymerization Initiator Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa polymerization initiator market
Related regional statistics
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